Weekly Analysts’ Ratings Updates for Applied Digital (APLD)

A number of firms have modified their ratings and price targets on shares of Applied Digital (NASDAQ: APLD) recently:

• 4/24/2026 – Applied Digital had its “sell (d-)” rating reaffirmed by Weiss Ratings.
• 4/24/2026 – Applied Digital had its price target raised by Needham & Company LLC to $48.00. They now have a “buy” rating on the stock.
• 4/23/2026 – Applied Digital had its “buy” rating reaffirmed by Roth Mkm. They now have a $65.00 price target on the stock.
• 4/11/2026 – Applied Digital was downgraded by Wall Street Zen from “hold” to “sell”.
• 4/9/2026 – Applied Digital had its “market outperform” rating reaffirmed by Citizens Jmp. They now have a $40.00 price target on the stock.
• 4/8/2026 – Applied Digital was downgraded by Zacks Research from “hold” to “strong sell”.

Insider Activity at Applied Digital

In other news, Director Chuck Hastings sold 45,987 shares of the stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $38.57, for a total value of $1,773,718.59. Following the completion of the sale, the director owned 388,372 shares in the company, valued at $14,979,508.04. This represents a 10.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 9.50% of the stock is currently owned by corporate insiders.

Applied Digital (NASDAQ: APLD) is a technology company specializing in the development and operation of large-scale digital infrastructure and sustainable Bitcoin mining solutions. Through its integrated platform, the company designs, builds and manages turnkey data center facilities while also providing comprehensive hosting services for cloud, colocation and enterprise computing needs. Applied Digital’s modular approach to facility design enables rapid deployment of capacity and streamlined integration of power, cooling and network connectivity.

In addition to its data center business, Applied Digital operates a network of Bitcoin mining sites that leverage vertically integrated capabilities, including hardware procurement, mining farm engineering, energy management and real-time performance monitoring.